Golden Free Cash Flow Operating Cash Flow Ratio from 2010 to 2024
| GDEN Stock | USD 33.26 0.02 0.06% |
Free Cash Flow Operating Cash Flow Ratio | First Reported 2010-12-31 | Previous Quarter 0.2795735 | Current Value 0.41 | Quarterly Volatility 1.13075745 |
Check Golden Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 93.4 M, Interest Expense of 68.8 M or Selling General Administrative of 254.6 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0551 or PTB Ratio of 1.09. Golden financial statements analysis is a perfect complement when working with Golden Entertainment Valuation or Volatility modules.
Golden | Free Cash Flow Operating Cash Flow Ratio |
Latest Golden Entertainment's Free Cash Flow Operating Cash Flow Ratio Growth Pattern
Below is the plot of the Free Cash Flow Operating Cash Flow Ratio of Golden Entertainment over the last few years. It is Golden Entertainment's Free Cash Flow Operating Cash Flow Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Entertainment's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Operating Cash Flow Ratio | 10 Years Trend |
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Free Cash Flow Operating Cash Flow Ratio |
| Timeline |
Golden Free Cash Flow Operating Cash Flow Ratio Regression Statistics
| Arithmetic Mean | 0.02 | |
| Coefficient Of Variation | 5,733 | |
| Mean Deviation | 0.72 | |
| Median | 0.18 | |
| Standard Deviation | 1.13 | |
| Sample Variance | 1.28 | |
| Range | 4.1047 | |
| R-Value | 0.23 | |
| Mean Square Error | 1.30 | |
| R-Squared | 0.05 | |
| Significance | 0.40 | |
| Slope | 0.06 | |
| Total Sum of Squares | 17.90 |
Golden Free Cash Flow Operating Cash Flow Ratio History
About Golden Entertainment Financial Statements
Golden Entertainment investors utilize fundamental indicators, such as Free Cash Flow Operating Cash Flow Ratio, to predict how Golden Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Operating Cash Flow Ratio | 0.28 | 0.41 |
Pair Trading with Golden Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Golden Stock
| 0.58 | PTLO | Portillos | PairCorr |
| 0.4 | QSR | Restaurant Brands | PairCorr |
| 0.36 | PZZA | Papa Johns International | PairCorr |
| 0.34 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.33 | WEN | The Wendys | PairCorr |
The ability to find closely correlated positions to Golden Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Entertainment to buy it.
The correlation of Golden Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Golden Entertainment Correlation against competitors. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.75 | Earnings Share 1.31 | Revenue Per Share 25.663 | Quarterly Revenue Growth (0.37) |
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.